Question 1

MRP systems seek to achieve which of the following?

Accepted Answer

A)  Minimize lot sizes 
B)  Determine the number of dependent demand items needed 
C)  Relieve capacity bottlenecks 
D)  Provide a yardstick for future improvements 
E)  Improve on JIT methods 
A)  Minimize lot sizes 
B)  Determine the number of dependent demand items needed 
C)  Relieve capacity bottlenecks 
D)  Provide a yardstick for future improvements 
E)  Improve on JIT methods

Question 2

The master production schedule states the number of items to be produced during specific time periods.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following industry types have high expected benefits from the application of MRP?

Accepted Answer

A)  Fabricate-to-stock 
B)  Fabricate-to-order 
C)  Assemble-to-stock 
D)  Continuous process 
E)  Service and repair parts 
A)  Fabricate-to-stock 
B)  Fabricate-to-order 
C)  Assemble-to-stock 
D)  Continuous process 
E)  Service and repair parts

Question 4

When implemented correctly,MRP links all areas of the business.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200 and planned receipts are 800?

Accepted Answer

A)  7,000 
B)  4,200 
C)  3,000 
D)  2,000 
E)  1,200 
A)  7,000 
B)  4,200 
C)  3,000 
D)  2,000 
E)  1,200

Question 6

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Accepted Answer

A)  Economic order quantity 
B)  Lot-for-lot 
C)  Least total cost 
D)  Least unit cost 
E)  Inventory item averaging 
A)  Economic order quantity 
B)  Lot-for-lot 
C)  Least total cost 
D)  Least unit cost 
E)  Inventory item averaging

Question 7

Which of the following is considered a primary report in an MRP system?

Accepted Answer

A)  Planning reports 
B)  Performance reports 
C)  Exception reports 
D)  Planned order schedules 
E)  Cycle counting reports 
A)  Planning reports 
B)  Performance reports 
C)  Exception reports 
D)  Planned order schedules 
E)  Cycle counting reports

Question 8

MRP stands for Manufacturing Requirements Planning.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Accepted Answer

A)  1,200 
B)  1,300 
C)  1,150 
D)  2,450 
E)  None of the above 
A)  1,200 
B)  1,300 
C)  1,150 
D)  2,450 
E)  None of the above

Question 10

The economic order quantity (EOQ)lot sizing technique uses the "square root formula" to balance set-up cost and carrying cost.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is an input to the master production schedule?

Accepted Answer

A)  Prototype products from product development 
B)  Aggregate component schedule 
C)  Peg reports 
D)  Exception reports 
E)  Forecasts of random demand from customers 
A)  Prototype products from product development 
B)  Aggregate component schedule 
C)  Peg reports 
D)  Exception reports 
E)  Forecasts of random demand from customers

Question 12

Which of the following is considered a primary report in an MRP system?

Accepted Answer

A)  Planned order schedule 
B)  Peg report 
C)  Planning report 
D)  Inventory accuracy report 
E)  Aggregate production plan report 
A)  Planned order schedule 
B)  Peg report 
C)  Planning report 
D)  Inventory accuracy report 
E)  Aggregate production plan report

Question 13

What is the name for demand caused by the demand for a higher level item? __________________________

Accepted Answer

Dependent demand
Exp

Question 14

A modular bill of materials includes items with fractional options.

Accepted Answer

A) True 
 B)False

Question 15

In a net change MRP program,a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

Accepted Answer

A) True 
 B)False

Question 16

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following can be used for lot sizing in an MRP system?

Accepted Answer

A)  Low-level coding 
B)  Time bucket size 
C)  Least unit cost 
D)  Inventory record file 
E)  Peg inventory 
A)  Low-level coding 
B)  Time bucket size 
C)  Least unit cost 
D)  Inventory record file 
E)  Peg inventory

Question 18

An input to the material requirements planning (MRP)system is an inventory records file.

Accepted Answer

A) True 
 B)False

Question 19

The time-phased plan specifying how many and when the firm plans to build each end item is called the Materials Requirements Plan (MRP. )

Accepted Answer

A) True 
 B)False

Question 20

Demand for an item located in level 3 of a product structure tree depends on demand for an item in the next higher level.What is that level called? __________________________

Accepted Answer

The answer of Demand for an item located in level...

MRP systems seek to achieve which of the following?

The master production schedule states the number of items to be produced during specific time periods.

Which of the following industry types have high expected benefits from the application of MRP?

When implemented correctly,MRP links all areas of the business.

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200 and planned receipts are 800?

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Which of the following is considered a primary report in an MRP system?

MRP stands for Manufacturing Requirements Planning.

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

The economic order quantity (EOQ)lot sizing technique uses the "square root formula" to balance set-up cost and carrying cost.

Which of the following is an input to the master production schedule?

Which of the following is considered a primary report in an MRP system?

What is the name for demand caused by the demand for a higher level item? __________________________

A modular bill of materials includes items with fractional options.

In a net change MRP program,a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

Which of the following can be used for lot sizing in an MRP system?

An input to the material requirements planning (MRP)system is an inventory records file.

The time-phased plan specifying how many and when the firm plans to build each end item is called the Materials Requirements Plan (MRP. )

Demand for an item located in level 3 of a product structure tree depends on demand for an item in the next higher level.What is that level called? __________________________

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Strategy and Sustainability

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Quality Management and Six Sigma

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Exam 9: Material Requirements Planning

MRP systems seek to achieve which of the following?

The master production schedule states the number of items to be produced during specific time periods.

Which of the following industry types have high expected benefits from the application of MRP?

When implemented correctly,MRP links all areas of the business.

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200 and planned receipts are 800?

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Which of the following is considered a primary report in an MRP system?

MRP stands for Manufacturing Requirements Planning.

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

The economic order quantity (EOQ)lot sizing technique uses the "square root formula" to balance set-up cost and carrying cost.

Which of the following is an input to the master production schedule?

Which of the following is considered a primary report in an MRP system?

What is the name for demand caused by the demand for a higher level item? __________________________

A modular bill of materials includes items with fractional options.

In a net change MRP program,a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

Which of the following can be used for lot sizing in an MRP system?

An input to the material requirements planning (MRP)system is an inventory records file.

The time-phased plan specifying how many and when the firm plans to build each end item is called the Materials Requirements Plan (MRP. )

Demand for an item located in level 3 of a product structure tree depends on demand for an item in the next higher level.What is that level called? __________________________

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters